“Today marks a major milestone for the automotive industry as well as Better Place,” Shai Agassi said as he unveiled the company’s battery swap system in Yokohama. “For nearly a century, the automotive industry has been inextricably tied to oil. Today we are demonstrating a new path forward.” The $500,000 station can replace a dead battery and get you back on the road in less time than it takes to fill your gas tank.
As we’ve covered in a number of posts, Better Place has raised a remarkable $200+ million in funding and partnered with governments and utilities to develop the necessary infrastructure and technology to make the electric vehicle a viable alternative to conventional (gas-guzzling) cars. The issues of a battery (lifespan, replacing, range…) remain a massive challenge in the wide scale integration of the Better Place model.
For more, check out Chuck Squatriglia’s piece for Wired.




